Challenges of Electronic Reverse Auctions in Construction Industry—A Review

dc.contributor.authorHanák, Tomášcs
dc.contributor.authorMarović, Ivancs
dc.contributor.authorJajac, Nikšacs
dc.coverage.issue1cs
dc.coverage.volume8cs
dc.date.accessioned2020-08-04T11:02:01Z
dc.date.available2020-08-04T11:02:01Z
dc.date.issued2020-02-20cs
dc.description.abstractThe innovation of construction procurement by means of electronic reverse auctions is a controversial subject of discussion among both researchers and practitioners. This paper consolidates and critically discusses current knowledge concerning the adoption and use of electronic reverse auctions in the light of specific features of the construction industry. A systematic literature review has been employed to select papers indexed in Scopus and Web of Science databases. The findings of the study indicate that studies are addressing especially five main areas, i.e., suitability of electronic reverse auction (eRA) for construction tenders, related drivers and barriers, ethical considerations, savings potential and bidding behavior, and bid distribution. Accordingly, the authors are suggesting three directions in which future research should focus on mutual interaction of electronic reverse auctions and long-term effects on construction project outcomes.en
dc.formattextcs
dc.format.extent1-14cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationEconomies. 2020, vol. 8, issue 1, p. 1-14.en
dc.identifier.doi10.3390/economies8010013cs
dc.identifier.issn2227-7099cs
dc.identifier.other162378cs
dc.identifier.urihttp://hdl.handle.net/11012/188985
dc.language.isoencs
dc.publisherMDPIcs
dc.relation.ispartofEconomiescs
dc.relation.urihttps://doi.org/10.3390/economies8010013cs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2227-7099/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjectconstruction auctionen
dc.subjectelectronic reverse auctionen
dc.subjectproject managementen
dc.subjectpublic procurementen
dc.titleChallenges of Electronic Reverse Auctions in Construction Industry—A Reviewen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-162378en
sync.item.dbtypeVAVen
sync.item.insts2023.02.07 16:56:35en
sync.item.modts2023.02.07 16:15:46en
thesis.grantorVysoké učení technické v Brně. Fakulta stavební. Ústav stavební ekonomiky a řízenícs
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